Kathmandu, May 11: The government has announced its policy to develop the country's capital market into a secure, competitive and internationally aligned financial system in the upcoming fiscal year 2083/84 BS.
President Ramchandra Paudel announced this policy while unveiling the policies and programmes of the government for the upcoming fiscal year in today's joint meeting of the Federal Parliament.
According to the policies and programmes, the government seeks to restructure securities regulations, NEPSE and the clearing system, and expand the participation of institutional investors, pension funds, insurance companies, mutual funds and Non-Resident Nepalis (NRNs) in the country's capital market.
Furthermore, the policies and programmes also highlight plans to promote long-term capital formation through the development of the debt market, bond market, infrastructure bonds and the use of risk management instruments.
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